Short Trade setup in Granules

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Short Trade Entered : Buy - GRANULES 30 May 2024 395.0 PE @ 11.15 Qty-2000
1. Today's breakdown candle confirms the break of structure.
2. The Downside range of 8 to 9% is now opened.

Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell. Many times I do paper trades when the probability of a positive trade is less than 50%.
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I Hold - GRANULES 30 May 2024 395.0 PE @ 9.10 Qty-2000
P/L : -4100.00
No Adjustment is needed.
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Today we have an indecisive candle with Low High and High Low. Also we are in a negative zone below the level of 415. And today's close is below 400 so I hold my short position with a loss of 9300.
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Indecisive Candle | Trend Negative
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